UBS Group AG boosted its holdings in National Fuel Gas Company (NYSE:NFG – Free Report) by 9.7% during the fourth quarter, HoldingsChannel reports. The fund owned 255,510 shares of the oil and gas producer’s stock after buying an additional 22,569 shares during the period. UBS Group AG’s holdings in National Fuel Gas were worth $20,456,000 at the end of the most recent quarter.
Other hedge funds also recently added to or reduced their stakes in the company. New Age Alpha Advisors LLC increased its stake in National Fuel Gas by 4.2% during the third quarter. New Age Alpha Advisors LLC now owns 3,184 shares of the oil and gas producer’s stock worth $294,000 after acquiring an additional 128 shares during the last quarter. Legacy Bridge LLC lifted its stake in shares of National Fuel Gas by 0.7% in the 4th quarter. Legacy Bridge LLC now owns 17,927 shares of the oil and gas producer’s stock valued at $1,435,000 after purchasing an additional 132 shares during the last quarter. OneDigital Investment Advisors LLC lifted its stake in shares of National Fuel Gas by 5.3% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 3,238 shares of the oil and gas producer’s stock valued at $299,000 after purchasing an additional 164 shares during the last quarter. Richardson Financial Services Inc. grew its holdings in shares of National Fuel Gas by 88.5% during the 3rd quarter. Richardson Financial Services Inc. now owns 360 shares of the oil and gas producer’s stock worth $33,000 after purchasing an additional 169 shares during the period. Finally, Park Avenue Securities LLC grew its holdings in shares of National Fuel Gas by 1.4% during the 4th quarter. Park Avenue Securities LLC now owns 12,050 shares of the oil and gas producer’s stock worth $965,000 after purchasing an additional 169 shares during the period. 73.96% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of brokerages have weighed in on NFG. Zacks Research upgraded shares of National Fuel Gas from a “strong sell” rating to a “hold” rating in a research report on Monday, March 9th. KeyCorp began coverage on shares of National Fuel Gas in a report on Tuesday, April 7th. They issued an “overweight” rating and a $110.00 price objective on the stock. Finally, Scotiabank set a $101.00 price target on National Fuel Gas in a report on Wednesday, January 21st. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $106.00.
National Fuel Gas Price Performance
Shares of NYSE NFG opened at $79.42 on Tuesday. The firm has a market capitalization of $7.55 billion, a P/E ratio of 10.75, a PEG ratio of 1.12 and a beta of 0.41. National Fuel Gas Company has a one year low of $77.22 and a one year high of $97.06. The company’s fifty day moving average is $90.91 and its two-hundred day moving average is $85.22. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.55 and a current ratio of 0.62.
National Fuel Gas (NYSE:NFG – Get Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The oil and gas producer reported $2.71 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.85 by ($0.14). National Fuel Gas had a net margin of 27.48% and a return on equity of 20.62%. The company had revenue of $858.37 million during the quarter, compared to analysts’ expectations of $856.57 million. During the same quarter in the prior year, the business earned $2.39 EPS. The business’s revenue for the quarter was up 17.6% compared to the same quarter last year. National Fuel Gas has set its FY 2026 guidance at 7.450-7.750 EPS. Analysts forecast that National Fuel Gas Company will post 7.72 EPS for the current fiscal year.
National Fuel Gas Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were issued a $0.535 dividend. The ex-dividend date was Tuesday, March 31st. This represents a $2.14 dividend on an annualized basis and a dividend yield of 2.7%. National Fuel Gas’s dividend payout ratio is currently 28.96%.
National Fuel Gas Company Profile
National Fuel Gas Company (NYSE: NFG) is a diversified energy company engaged primarily in the production, gathering, transmission, distribution and marketing of natural gas. The company operates through four principal segments: Exploration & Production, Pipeline & Storage, Utilities, and Energy Marketing. Its integrated asset base spans upstream development in the Appalachian Basin, regional pipeline networks, underground storage facilities, and regulated utility distribution systems.
In its Exploration & Production segment, National Fuel Gas focuses on developing natural gas reserves in the Marcellus and Utica shales, leveraging modern drilling and completion techniques.
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